1542 Mayflower Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Coldwell Banker Apex, REALTORS | $325,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Wonderful floor plan nestled in the Greengate Addition in Allen! Home has great curb appeal and is situated right at the cup-de-sac! Large family room with great views to the rear yard! Formal dining, granite kitchen with black appliances! Split bedroom arrangement. The owner's retreat is spacious, inviting, and is located privately off the back of the house with an ensuite bath! The secondary bedrooms are down a separate hall and share the hall bath! Some updates include roof, windows, screens, hot water heater, and more! Addition of water softener 2020! Close to neighborhood schools! Great access to major thoroughfares! Spacious shaded back yard with board on board fence! Rear garage is extra long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017